Risk-Based Capital Guidelines; Capital Adequacy Guidelines; Capital Maintenance; Capital-Residential Mortgage Loans Modified Pursuant to the Making Home Affordable Program

Document ID: OCC-2009-0007-0001
Document Type: Rule
Agency: Comptroller Of The Currency
Topics: No Topics associated with this document
Federal Register Number: E9-15507
CFR Citation: 12 CFR 3
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Details Information

Abstract:	To support and facilitate the timely implementation and acceptance of the Making Home Affordable Program (Program) announced by the U.S. Department of the Treasury (Treasury) and to promote the stability of banks, savings associations, bank holding companies (collectively, banking organizations) and the financial system, the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Board), Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) (collectively, the agencies) have adopted this interim final rule (interim final rule or rule). The rule provides that mortgage loans modified under the Program will retain the risk weight assigned to the loan prior to the modification, so long as the loan continues to meet other applicable prudential criteria.
Document Subtype:	Interim Final Rule
Received Date:	June 30 2009, at 11:37 AM Eastern Daylight Time
Start-End Page:	31160 - 31167
Comment Start Date:	June 30 2009, at 12:00 AM Eastern Standard Time
Comment Due Date:	July 30 2009, at 11:59 PM Eastern Standard Time